Friday, October 16, 2026

Technicals

Add as a preferred source on Google

EUR/GBP better levels to sell above 0.7400

Long-term bear trend strengthens after new 7 year low at 0.7348 was made on Wed Correction off closing in on 0.7400 intraday Stay with the sell strategy, offer at the 200 HMA by 0.7410 Downside targets are the 0.7321 200…

By Meredith J C Warren
1 min read
EUR/GBP better levels to sell above 0.7400
Image from the original EconoTimes article

Read the original article

  • Long-term bear trend strengthens after new 7 year low at 0.7348 was made on Wed

  • Correction off closing in on 0.7400 intraday

  • Stay with the sell strategy, offer at the 200 HMA by 0.7410

  • Downside targets are the 0.7321 2008 low and the long-term fibo at 0.7256

  • 0.7256 = 61.8% of of 0.5681 - 0.9805 life low to high move

 

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560

By FxWirePro Team